It’s True, an Unsubsidized iPhone is Expensive
2008 November 30
I for some reason looked up the cost of an iPhone from Movistar, the dominant cell phone carrier in South America, and found that it was quite high. In my experience nearly everyone in Ecuador uses prepaid cell minutes and monthly plans are pretty much non-existent. The purchase price of a new 16 gigabyte iPhone on a prepaid “plan” from Movistar is nearly $900. When the per capita income of the country is $7,242 that spells capital O-U-C-H.
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